acct2301 at UT Arlington

5. Normal Balance Shortcut: Double Entry

in Chapter 2 (Video 5 of 7)
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I told you that understanding normal balances is super important, so we're not done yet. This shortcut has to do with Double Entry Accounting. Excited? You probably should be.

The Rest Of The Videos

1 T-Accounts 3:15
2 Debits and Credits 6:49
3 Determining Normal Balances For Assets & Liabilities 10:04
4 Determining Normal Balance for Shareholder's Equity 11:53
5 Normal Balance Shortcut: Double Entry
You are here. 		11:51
6 Normal Balance Shortcut: DEAD Mnemonic 2:36
7 The Journal, Ledger, Trial Balance 14:00
Chapter 3 →

Chapter 2 Practice Problems

Click Here to View All Chapter 2 Problems at Once View
1 Account Classification Easy
2 Journal Entry - Inventory Easy
3 Journal Entry - Sales Easy
4 Land Purchased With Cash Easy
5 T/F: Liabilities and Equity Easy
6 T/F: T-Account Logic Easy
7 Normal Balances Moderate
8 The Effect of Journal Entries Moderate
9 What Should Be Journaled Moderate
← Chapter 1

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